Bolivia To Pay for Energy Imports with Crypto As Dollar Shortage Bites

Bolivia's state energy company YBFB will use cryptocurrency to pay for energy imports amid dollar shortages, Reuters has reported. The shortage comes alongside a fuel crisis spurred by a lack of natural gas exports, which had led to protests across the country. "From now on, these (cryptocurrency) transactions will be carried out," a YPFB spokesperson told Reuters. Bolivia is not the first South American country to attempt to use crypto for energy payments. Six years ago, Maduro unveiled the infamous petro cryptocurrency under the so-called PdVSA-Crypto…